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The price of a bottle is first increased by 15% and later the price was decreased by 24% due to reduction in sales. Find the net percentage change in
Question

The price of a bottle is first increased by 15% and later the price was decreased by 24% due to reduction in sales. Find the net percentage change in the final price of the bottle. 

A.

Decrease of 13.9%

B.

Decrease of 12.6%

C.

Increase of 13.9%

D.

Increase of 12.6%

Correct option is B

Let the initial price be Rs. 100

Firstly, the price was increased by 15%

New Price = 15% of 100 + 100 = 15 + 100 = Rs. 115

then reduced by 24%

Final Price = 115- 24% of 115 = Rs. 87.4

Net Percentage change = 10087.4100×100=12.6%\frac{100-87.4}{100}×100= 12.6 {\%}​​

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